Last fortnight, BYJUs raised to push its valuation above $10Bn, while also being close to acquiring Doubtnut, capping a heady few months for EdTech accelerated by a lockdown.
Last Fortnite, Reliance Chairman Mukesh Ambani observed that gaming can become bigger than movies, music and TV shows put together, a week before the annual Indian gaming awards were swept by Indian startups.
Last week, Zomato acquired UberEats for an equity valuation of $350MM, giving Uber 10% of Zomato in return and driving a consolidation in foodtech.
We are at the end of the year, the end of a decade, and the beginning of a time to reflect on the year gone by.
Last fortnight, MX Player raised a $100MM, adding more firepower to fight in the fast-growing OTT market.
Last fortnight, finance minister Ms. Nirmala Sitharaman claimed that millenials using Uber and Ola are the reason for the slowdown of the auto economy, resulting in many supporters and many memes.
Last week, Nexus Venture Partners began raising its $420MM fund and Endiya Partners raised $40MM, in a hectic fundraising year for VC funds.
Last week, Spa and Salon SaaS startup Zenoti raised $50MM from Tiger Global, hot on marketing automation startup CleverTap's $26MM and dental softwareCareStack's $16MM.
Last week, scooter rental company Bounce raised $3MM in debt, taking its total fundraising to $25MM, hot on the heels of Ola's $100MM capital deployment into Bounce's competitor Vogo.
Last week, bite-sized video content sharing platform TikTok, from China's ByteDance, was banned for new downloads in India.
Last week, 1mg announced a $50MM fundraise to take on Netmeds and Pharmeasy in an increasingly competitive e-pharma space.
Last week, the Indian government stuck to its e-commerce FDI ruling and set off intense speculation about Reliance's potential entry into e-commerce.
Last week, risk assessment startup CreditVidya raised $3MM, insurance tech startup Kruzr raised $2MM, mutual funds platform Groww raised $7MM and lending tech startup MoneyOnClick raised $3MM.
The year ends tomorrow and it is a great time to recap 2018 to better understand what 2019 has in store for the Indian startup ecosystem.
Last week, the Indian Tax authorities sent out multiple tax notices, spooking startup founders for the pejoratively termed "angel tax".
Last week, Flipkart founder Binny Bansal suddenly resigned from Flipkart, after Walmart's investigation into alleged "serious personal misconduct".
Last week, Amazon-Samaara acquired troubled retail chain More for INR 4,200 Cr (~$600MM).
Last week, coworking giant WeWork raised $1Bn to accelerate its growth, while Indian coworking upstart Awfis raised $20MM, bringing the amount raised to $8.1Bn for the former and $50MM for the latter.
After his not-very-nice exit from Flipkart, Sachin Bansal has moved on to do what many storied entrepreneurs do - announce a $1Bn VC fund.
After disclosing lukewarm earning forecasts, user slowdown and privacy concerns, Facebook created history of the wrong kind by losing $119Bn of market value in one day.